Take 5 Oil Change Investment

100 W 28th Ave, Pampa, TX

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For Sale

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NNN leased Take 5 Oil Change in Pampa, Texas.

Type:RETAIL

Property size:

1,392 SF

Lot size:

0.18 Acres

HighLights

Long‑Term, 20‑Year Absolute Triple Net (NNN) Sale‑Leaseback
Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)
Attractive Rental Increases | 1.50% Annually Starting Year 2
Four (4), Five (5)-Year Tenant Renewal Options
Located at SEC Perryton Pkwy & E 28th Ave in Pampa Texas
1,392 rentable square feet of building space on estimated 0.33‑acre parcel of land

We can help!

Listing Contact

Glen Kunofsky

For Sale

Contact for pricing

NNN leased Take 5 Oil Change in Pampa, Texas.

Type:RETAIL

Property size:

1,392 SF

Lot size:

0.18 Acres

Added:: Sep 11, 2023
Days on Market:: 1007
Last Refresh:: May 20 at 8:10 pm

Property Features for 100 W 28th Ave

General Information

Standard status: Active
Size: 1,392 SF
Lot size: 0.18 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Glen Kunofsky

Listing agent Glen Kunofsky License #49KU1129178

Listing office NNN Pro Group

Listing date Sep 11, 2023

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NNN Pro Group

HighLights

Long‑Term, 20‑Year Absolute Triple Net (NNN) Sale‑Leaseback
Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units)
Attractive Rental Increases | 1.50% Annually Starting Year 2
Four (4), Five (5)-Year Tenant Renewal Options
Located at SEC Perryton Pkwy & E 28th Ave in Pampa Texas
1,392 rentable square feet of building space on estimated 0.33‑acre parcel of land

Overview

This property features a Take 5 Oil Change situated at the southeast corner of Perryton Parkway and East 28th Avenue in Pampa, Texas. The building encompasses approximately 1,392 square feet and is positioned on an estimated 0.33-acre parcel. Subject to a 20-year absolute triple-net (NNN) lease, commencing at the close of escrow, the property generates a current annual rent of $100,000. The lease includes scheduled rental increases of 1.50% annually, beginning in the second year, and continuing through each of the four, 5-year renewal options. The lease is corporately guaranteed by Driven Funding Holdco, LLC, which operates over 3,500 units.

Property Profile Location Intelligence

Current Use by Public Records

Take 5 Oil ... Auto Repair Shop

Suggested Use

Similar Places Nearby

Take 5 Oil Change — 100 W 28th Ave, Pampa, TX 79065
Jaron Technologies LLC — 2338 N Duncan St, Pampa, TX 79065
Walmart Auto Care Centers — 2801 Charles St, Pampa, TX 79065
Delete Dents Auto Body Repair & Paintless Dent Removal — 2137 N Banks St, Pampa, TX 79065
Toot'n Totum Car Care Center (Perryton Pkwy) — 2801 Perryton Pkwy, Pampa, TX 79065

Location Insight

Map
Local Demand

City: Pampa
County: Gray
State: Texas
Longitude: -100.964
Latitude: 35.569

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For sale
Auto shops
TX
Pampa
100 W 28th Ave

What type of property is this?

Auto shop - NNN leased Take 5 Oil Change in Pampa, Texas.

Where is this auto shop located?

The property is located at 100 W 28th Ave Pampa, TX.

What are key features of this property?

This property features: Long‑Term, 20‑Year Absolute Triple Net (NNN) Sale‑Leaseback; Corporate Guarantee from Driven Funding Holdco, LLC (3,500+ Units); Attractive Rental Increases | 1.50% Annually Starting Year 2

100 W 28th Ave, Pampa, TX

NNN leased Take 5 Oil Change in Pampa, Texas.

Property Features for 100 W 28th Ave

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Highway Frontage Commercial Building

Pampa, TX Mechanic Shop

Office and Retail Flex Building

High-Visibility Retail/Office Property

Functional Commercial Space in Pampa

Pampa, TX Commercial Opportunity

Pampa Commercial Opportunity

Pampa Commercial Property with Warehouse

Retail Storefront with Open Floor Plan

Highway Frontage Business Opportunity

Insulated Shop with On-Site Residence

Income-Producing Commercial Building in Pampa

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